The US recession forecasts persist for some analysts, but the start date keeps moving forward as incoming economic data continues to reflect strength. The trend is reflected in today’s upwardly revised nowcast for the upcoming third-quarter GDP report.
Daily Archives: October 18, 2023
Macro Briefing: 18 October 2023
* Biden’s Israel visit is a high-stakes gamble to reduce tensions
* China GDP growth beats forecasts for Q3
* The odds of a soft US economic landing continue to rise
* Homebuilder sentiment in US fades in October, falling to x-month low
* US industrial production rebounds in September
* US retail sales rise more than expected in September:
